kryptd.in

Alternative LinkedIn für kryptofreundliche Talente

XRP Holds The Line At $3—Wave 5 Could Unleash Run To $6+

XRP is holding strong above the key $3 level, keeping its bullish breakout intact. With Wave 4 consolidation underway, a push into Wave 5 could propel the price toward $6 and beyond.

Wave Structure Confirmed: XRP Completes Wave 3, Wave 4 Consolidation Underway

In an X Beitrag, Dark Defender recalled an earlier post shared on July 6, where he outlined a weekly wave structure for XRP with an initial target of $3.61. Building on that analysis, he has now presented the daily chart of the same wave structure, offering a closer look at XRP’s ongoing price action within the broader Elliott Wave framework.

According to Dark Defender, XRP has already completed Wave 1, Wave 2, and Wave 3 of the current cycle. The price is now in Wave 4, which appears to be a period of consolidation. This consolidation phase is also reflected in the Relative Strength Index (RSI), which signals that the market is taking a breather before the next potential leg higher.

XRP

Looking ahead, Dark Defender projects the Wave 5 target to be approximately $5.8563, noting that this is not financial advice (NFA). He maintains his initial target of $3.61 while adding $5.85 as a potential high for this next impulsive move. These targets are based on the continuation of the current wave structure, assuming support levels hold.

Key support for XRP is identified around $3.07. As long as XRP maintains this support and progresses through Wave 4, the bullish wave setup remains valid, with eyes firmly on a breakout toward the $5.85 mark.

The Altcoin Eyes First Ever Monthly Close Above $3

Sonia S., in her latest Beitrag on X, pointed out that XRP is poised to achieve a historic milestone by closing the month above $3 for the first time ever. This potential monthly close marks a major bullish development and could signal the start of a new phase in XRP’s long-term price movement.

She identified a crucial breakout zone between $1.97 and $3.01, which XRP has successfully cleared. With this breakout confirmed, Sonia highlighted the next key psychological targets at $4.50 and $6.00+ levels that could attract significant attention from both traders and investors.

As long as XRP maintains its position above $3 on the monthly chart, Sonia noted that price discovery becomes possible, given the lack of historical resistance beyond this level. However, Sonia also warned that if XRP fails to hold above $3 and closes back below this level, the breakout would be invalidated. Such a move could indicate a false breakout and potentially lead to a pullback, making the $3 level a crucial line for the bulls.

XRP


Kommentare

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert

Neueste Feeds

Beliebte Kategorien

Suche auf der Website

Beliebte Geschichten

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (383) #BitcoinETF (3) #BitcoinGrundlagen (1) #BitcoinHandling (1) #BitcoinPreis (5) #BitcoinPreisLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitweise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCErwerb (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPrüfung (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExperte (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarkt (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulierung (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTipps (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (69) #DogecoinGains (1) #DogecoinVolumen (1) #DutchCourt (2) #EC-Handel (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumSchmerz (1) #EthereumPreis (1) #ExpertStellungnahme (1) #FedRateCut (1) #FiatWährung (1) #FinanzielleAuswirkungen (1) #FinanzenDatenschutz (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationDaten (1) #Investition (1) #Investitionsverluste (1) #JapanischeFirma (1) #LegalAction (1) #LegalImpact (1) #Legislierung (1) #LightningNetwork (1) #M MarktAnalyse (3) #MMarktbeobachtung (1) #M Marktvorhersage (1) #MMarktprognosen (1) #M Marktprojektion (1) #M Marktunterstützung (1) #MMarktVolatilität (1) #M-Transport (1) #MemeCoin (5) #MemeMünzen (2) #MinerWirtschaftlichkeit (1) #MGeldwäscherei (2) #MtGox (3) #NordkoreaKrypto (1) #NovogratzVorhersage (1) #PreisMeilenstein (1) #PreisVorhersage (2) #PreisFrage (1) #Preisanstieg (1) #PGefängnisSatz (1) #QuantAnalysis (1) #Regulierungsdruck (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #TechnischeAnalyse (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashEntwickler (1) #UKKrypto (1) #UpsidePotential (1) #USKongress (1) #WyomingLand (1) #XRPreis (1) #XRPupswing (1)

Nützliche Links

Links, die ich nützlich fand und teilen wollte.